Third Party Confirmation Letter for South Africa

Third Party Confirmation Letter Template for South Africa

A Third Party Confirmation Letter under South African law is a formal written document where one party provides specific confirmations or verifications about certain facts, circumstances, or relationships to another party. The document, governed by South African contract law and relevant statutory requirements, serves as an official record and often forms part of due diligence, audit trails, or regulatory compliance processes. It requires careful consideration of various legal aspects including the Companies Act, Electronic Communications and Transactions Act, and other relevant legislation depending on the subject matter of the confirmation.

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What is a Third Party Confirmation Letter?

The Third Party Confirmation Letter is a crucial business document used in South African commercial practice when formal written verification or confirmation of specific facts, circumstances, or relationships is required from an independent party. This document type is commonly utilized in various contexts including auditing processes, due diligence investigations, regulatory compliance, banking relationships, and other business transactions where independent verification is necessary. The letter must comply with South African legal requirements and typically includes specific confirmations, the basis for such confirmations, and appropriate authority statements. It serves as a formal record and can be relied upon by the requesting party for various purposes, including legal proceedings, regulatory submissions, or business decisions. The content and format of the confirmation letter may vary depending on the specific context and requirements, but it must always maintain clarity and unambiguity in its confirmations.

What sections should be included in a Third Party Confirmation Letter?

1. Letter Header: Including date, reference number, and formal letterhead of the confirming party

2. Addressee Details: Full details of the party to whom the confirmation is being provided

3. Subject Line: Clear identification of the matter being confirmed

4. Introduction: Brief context setting and reference to the request for confirmation

5. Confirmation Statement: Clear, unambiguous statement of the facts or circumstances being confirmed

6. Basis of Confirmation: Statement of the basis on which the confirmation is being made (e.g., records reviewed, personal knowledge)

7. Capacity Statement: Confirmation of the authority of the person providing the confirmation

8. Execution Block: Signature block including full name, title, and date

What sections are optional to include in a Third Party Confirmation Letter?

1. Additional Representations: Any additional facts or circumstances that may be relevant to the confirmation

2. Qualifications: Any limitations or qualifications to the confirmation being provided

3. Time Period: Specific statement about the time period for which the confirmation is valid

4. Confidentiality Statement: Statement regarding the confidential nature of the confirmation and any restrictions on its use

5. Copy Recipients: List of other parties to receive copies of the confirmation letter

6. Contact Information: Details for follow-up questions or clarifications

What schedules should be included in a Third Party Confirmation Letter?

1. Supporting Documentation: Copies of relevant documents referenced in the confirmation

2. Authority Documentation: Evidence of the signatory's authority to provide the confirmation (e.g., power of attorney, board resolution)

3. Referenced Information: Detailed information referenced in the main letter but too lengthy to include in the body

4. Specimen Signatures: Where required, specimen signatures of authorized signatories

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

South Africa

Publisher

Genie AI

Document Type

Confirmation Letter

Sector

Sales

Cost

Free to use
Relevant Industries

Financial Services

Banking

Legal Services

Professional Services

Real Estate

Construction

Manufacturing

Healthcare

Insurance

Telecommunications

Mining

Energy

Retail

Technology

Agriculture

Relevant Teams

Legal

Compliance

Finance

Risk Management

Corporate Secretariat

Audit

Treasury

Operations

Commercial

Business Development

Regulatory Affairs

Relevant Roles

Legal Counsel

Compliance Officer

Chief Financial Officer

Company Secretary

Auditor

Risk Manager

Financial Controller

Managing Director

Chief Executive Officer

Commercial Director

Finance Manager

Relationship Manager

Corporate Attorney

Business Development Manager

Operations Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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